[2024-01-30] The popularity of garlic market has rebounded, and prices continue to rebound.
On January 30, 2024, the garlic market continued to develop positively. Due to the reluctance and suspension of sales by sellers, the supply of goods in the market was generally low. Storage companies demanded prices or insisted on supporting the supply of goods, resulting in an increase in buyers interested in inquiring. Purchasing mainly focused on meeting market demand and stocking during the Spring Festival, with some short-term speculators also intervening. The market's ordering speed was relatively fast, and prices increased significantly.
In the Jinxiang production area, the market continues to be strong, with generally low supply of goods and difficult to organize suitable sources of goods. For first-time buyers, customers in the market purchase goods according to their needs, with the intervention of short-term speculators. Sellers ask for a significant increase in prices, while buyers are slightly passive in purchasing goods. Low priced goods have a significant increase, while medium to high priced goods have a harder price. The speed of ordering is faster, with prices rising by more than five percent.
In the Pizhou production area, trading has improved and the market is showing a strong trend. The supply of goods has slightly decreased, and sellers are selling at high prices. The main focus is on the demand market, with increased trading volume and a slight upward shift in the price range. The current processing volume at the machining point is not large.
In the Qixian production area, the market for garlic in the warehouse is relatively strong, and sellers are reluctant to sell and wait. The asking price is relatively firm, and the supply of goods is generally low. Buyers are more proactive in following up, and the market places goods quickly. The transaction volume is increased, and the mainstream price has risen by more than five points.
In the Zhongmou production area, the garlic market tends to be strong, and the supply of goods in the market is generally low. Sellers often raise prices to ship, while buyers follow suit as needed, resulting in a disorderly increase in transaction prices.
In the Cangshan production area, the market is stable and the supply of goods in the market is average. Sellers are more persistent in asking for prices, and buyers have a decent willingness to purchase goods. They select suitable sources of goods as needed to follow up, and the transaction volume is relatively stable. library
The market in Laiwu production area is slightly hard. Driven by the rise in surrounding production areas, local storage merchants are hesitant to sell, and the supply of goods has decreased. Sellers are asking for a hard price, and buyers follow up as needed, maintaining normal trading volume.